Rx for money woes: Doctors quit medicine

By doris | Published: September 15, 2009

Full Story atmoney.cnn.com

NEW YORK (CNNMoney.com) — Some 5,000 patients suddenly found themselves without an ob/gyn last November when Dr. Tara Wah closed her practice in Tallahassee, Fla.

Wah, 55, informed her patients in a letter that she could “no longer afford to make ends meet.”

After 24 years, “I’m working longer hours than ever,” she wrote. “Insurance payments for patient care have stayed virtually the same for the last 15 years, while the cost of doing business, including health insurance, staff salaries and supplies have risen.”

The rising cost of malpractice insurance, particularly for her specialty, was the straw that broke the camel’s back.

This entry was posted in America, Financial, Health, Insurance, Money. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>